Microtel Inns & Suites vs TRYP by Wyndham Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Microtel Inns & Suites vs TRYP by Wyndham including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Microtel Inns & Suites Franchise
TRYP by Wyndham Franchise
Investment $5,709,119 - $6,799,356$15,120,019 - $23,614,755
Franchise Fee $43,000$39,500
Royalty Fee 6%5%
Advertising Fee 2%4%
Year Founded 19871975
Year Franchised 19882011
Term Of Agreement 20 years15-20 YEARS
Term Of Agreement 20 years15-20 YEARS
Renewal Fee 50% of current franchise feeNegotiable, renewable


Business Experience Requirements
 
Microtel Inns & Suites Franchise
TRYP by Wyndham Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Microtel Inns & Suites Franchise
    TRYP by Wyndham Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/NoYes/Yes
    Equipment No/Yes-/Yes
    Inventory No/YesYes/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Microtel Inns & Suites Franchise
    TRYP by Wyndham Franchise
    Training - On-The-Job Training: 3-4 days Classroom Training: 4 days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12 - 20

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Microtel Inns & Suites Franchise
    TRYP by Wyndham Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Microtel Inns & Suites

    BRILLIANTLY SIMPLE

    Microtel by Wyndham® is a fast-growing, all-new construction hotel franchise brand in the Philippines and the U.S. Microtel by Wyndham’s proven track record of successful development, strong operating performance, and sustainable growth in the limited-service segment are what set it apart from the competition. With 300+ properties open and under construction worldwide, Microtel by Wyndham® is well positioned for continued growth.

    At Microtel Inn and Suites by Wyndham, we are really dedicated as per the general inclination of our visitors and ensuring you have the most ideal experience. That is the reason we are pleased to be perceived as an industry pioneer in visitor fulfillment, positioning "Most elevated in Guest Satisfaction Among Economy/Budget Hotel Chains, 14 out of 15 Years" by the J.D. Control 2016 Hotel Guest Satisfaction Study.
    Years of hotel management experience and innovative planning went into the development of the Microtel concept. Simply put, it involves offering the traveling public high quality product and service at value rates while keeping operating and development costs to a minimum. All Microtels are 100% new construction, thus assuring consistent expectation and experience.
    Microtel® by Wyndham is an award-winning chain of more than 340 economy hotels located throughout North America, Mexico and the Philippines. Offering free cable TV and mattresses approved by the American Chiropractic Association, Microtel's MicroSaver rooms start as low as $35 per night and have queen size beds and built-in furniture.

    #302 in Franchise 500 for 2020.

     







    About TRYP by Wyndham

    TRYP by Wyndham® is a select-benefit inn mark that as of now has more than 90 properties in the absolute most dynamic and cosmopolitan urban communities in Europe and South America and will soon be making its introduction in North America. TRYP lodgings take into account both business and relaxation voyagers who esteem personal satisfaction with expert greatness, and offer a novel affair that urges visitors to appreciate the city, mingle and live without limitations.

    Begin!

    Building a solid, gainful business takes assets. As a component of the Wyndham family, you get them. Select access to world-class improvement bolster administrations - Design, Development and Sourcing.

    As one of the world's biggest cordiality organizations, Wyndham Worldwide offers explorers around the world, and in addition lodging speculators, designers, and administrators, a wide suite of friendliness items and administrations crosswise over different convenience choices and value ranges. We have manufactured a critical nearness in real cordiality showcases in the United States and all through the world.

    We establishment inns in the upper upscale through economy fragments of the cabin business and give property administration administrations to upscale properties through Wyndham Hotel Management.